Technology 360 vs. ps3

PS3 price is being cut to 499 next week for all you lovely US fuckheads


Although Sony has yet to confirm a price drop officially, GameDaily BIZ has received confirmation from the retail sector that the PS3 will be dropped to $499 next week. Sony itself recently talked about "refining" the PS3 price. Now it appears to be happening.


A PS3 price cut rumor spread like wildfire across the Internet this afternoon when several sites spotted a new advertisement from Circuit City. The ad as seen on Kotaku lists the PS3 console at $499.99, $100 less than its current price.


It wasn't clear at first if this ad was a special deal specific to the electronics retailer or if it's indeed a retail-wide price cut instituted by Sony Computer Entertainment America (SCEA). As it turns out, a merchandising manager (who wished to remain anonymous) at one of the world's biggest retailers has confirmed to GameDaily BIZ that the price drop is indeed retail-wide and it's scheduled to take place on July 12, although the first wave of ads to promote the PS3's new price won't kick in until Sunday, July 15.


Many analysts have speculated that Sony would drop the price on the expensive console this year, and some even predicted that it could happen this summer. It's starting to look like they were right. We're sure to find out much more next week when Sony holds its press conference at E3.


SCEA when contacted for confirmation declined to comment.

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Good move by Sony
 
still too expensive..399 would be decent price for ps3 and xbox360
 
So now they will lose like $300 per console?

Shit is crazy.

How do you figure?

Even if they keep selling at the same rate, they will still be making profit, just not as much.

But, rule of thumb is, when you lower the price, you increase #'s sold.
 
i have a 360 and i just wanna say that im nowhere near a fanbaoy... I got luv for sony but they must be crazy with the prices..in addition i believe that the Blu-Ray will not win over HD-DVD anytime soon cuz the prices are to steep...a blu-ray player alone is like $1,000...so maybe in a few years the PS3 will be worth buying but definately not at the moment
 

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